Norva24 Group Past Earnings Performance
Past criteria checks 5/6
Norva24 Group has been growing earnings at an average annual rate of 38.9%, while the Commercial Services industry saw earnings growing at 18.4% annually. Revenues have been growing at an average rate of 21.1% per year. Norva24 Group's return on equity is 10%, and it has net margins of 6.4%.
Key information
38.9%
Earnings growth rate
-79.5%
EPS growth rate
| Commercial Services Industry Growth | 9.7% |
| Revenue growth rate | 21.1% |
| Return on equity | 10.0% |
| Net Margin | 6.4% |
| Next Earnings Update | 15 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Norva24 Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 3,356 | 216 | 485 | 0 |
| 31 Mar 24 | 3,217 | 215 | 473 | 0 |
| 31 Dec 23 | 3,152 | 227 | 474 | 0 |
| 30 Sep 23 | 3,016 | 173 | 469 | 0 |
| 30 Jun 23 | 2,836 | 153 | 454 | 0 |
| 31 Mar 23 | 2,645 | 154 | 443 | 0 |
| 31 Dec 22 | 2,466 | 140 | 412 | 0 |
| 30 Sep 22 | 2,336 | 146 | 383 | 0 |
| 30 Jun 22 | 2,265 | 116 | 366 | 0 |
| 31 Mar 22 | 2,143 | 78 | 332 | 0 |
| 31 Dec 21 | 2,025 | 55 | 311 | 0 |
| 30 Sep 21 | 1,882 | 10 | 246 | 0 |
| 31 Dec 20 | 1,523 | 74 | 191 | 0 |
| 31 Dec 19 | 1,288 | 30 | 190 | 0 |
| 31 Dec 18 | 1,004 | -27 | 422 | 0 |
| 31 Dec 17 | 902 | -32 | 373 | 0 |
Quality Earnings: WG0 has high quality earnings.
Growing Profit Margin: WG0's current net profit margins (6.4%) are higher than last year (5.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WG0's earnings have grown significantly by 38.9% per year over the past 5 years.
Accelerating Growth: WG0's earnings growth over the past year (41.4%) exceeds its 5-year average (38.9% per year).
Earnings vs Industry: WG0 earnings growth over the past year (41.4%) exceeded the Commercial Services industry -7.5%.
Return on Equity
High ROE: WG0's Return on Equity (10%) is considered low.